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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (20949)	6/23/2009 4:30:35 PM
From: GST	6 Recommendations Read Replies (2) \| Respond to of 71454

Right on target: <The difference between the Japan of the 1980s and the US of today could not be more stark. Choosing a deflationary policy and high interest rates as a debtor nation is economic and political suicide.> <As long as the government is able to generate debt, deflation is a highly unlikely outcome. And when the government reaches the practical limits of debt creation, the underpinnings of the currency give way and the economy tends to collapse in a stagflationary slump.> I wish I could say that we stand at the crossroads today -- but truth be told we are past the point of no return when it comes to our inflationary course. All we can hope for now is that Obama will put a tight collar on this snarling dog -- but a snarling dog it will still be -- and yes, it bites.